all i need is the work, thank you! i provided the answer key if it makes it easier .

15767 9. What is the present worth of $12,000 per year for 5 years discounted at 12%? 10. Calculate the present worth of $1,000 per month for 5 years discounted at 12%. 11. Why is the answer to question 10 greater than the answer to question 9? 12. What is the present worth of $1,300 per month for 25 years discounted at 8%%? 13. What is the present worth of $1,000 per month for 5 years, plus $11,000 to be received at the end of five years, all discounted at 12%? 14. You have received a loan of $50,000 for 25 years with level monthly payments at 8%% interest. What is the monthly payment? dow Help TVM Practice Problems Homework - ANSWERS (3200)(1).pdf (page 1 of 4) Search Search Highlight Rotate Markup Suggested Solutions to TVM Practice Problems 1. $161.05 15. $795.94 2. $920.04 16. $98,225.80 3. $100.00 17. $20,746.17 4. $100.00 18. Age 17 5. $503.30 Age 18 Age 19 Age 20 $5,186.54 5,506.44 5,846.06 6,206.63 $22,745.67 6. $100.00 7. $6,241.70 19. $10,845.38 8. $45,566.46 20. FV = $6,298.56 PMT = $160.12 9. $43,257.31 21.D (highest) B 10. $44,955.04 A 11. More money is received sooner. E C(lowest) 12. $161,445.14 13. $51,009.98 (or $51,196.74 if the reversion is discounted annually) 22. A 571.43 gal/yr@$1.25 = $714.29 $4,500 +2,574.84 = $7,074.84 B 363.64 gal/yr@$1.25 = $454.55 $5,200 + $1,638.53 = $6,838.53 14. $402.61